At the end of 2011 roughly 100,000 loans roughly were made.
The Kabbage firm had a total annual revenue of $12,058,555 in 2011.
Total annual expenses were $10,119,132
The annual fixed costs to make loans was $5,518,349.
The total assets of Kabbage were $13,741,224
The total liabilities was $741,131
What stage was Kabbage at by the end of 2011? (5 levels mentioned below)
In the book Praszkier & Ryszard (2007). Saywer mentions five (5) levels theory of social emergence that can create lasting social change.
Individual
Interactions
Ephemeral Emergents
Stable Emergents
Structures